Flowserve Execs' $11 Million Gusher Sale

CEO Mark Blinn sold $7 million in shares of the maker of pumps and valves.

Four Flowserve insiders including the chief executive sold 131,159 shares for $10,989,915, an average of $81.31 each, on Feb. 21 near a record-high stock price.

CEO and President Mark A. Blinn sold 87,000 Flowserve (ticker: FLS) shares for $7,073,961. He now holds 131,313 shares, a stake of less than 1% in the maker of pumps and valves. Blinn's most-recent previous transaction was on April 29 when he sold 84,000 shares for $4.4...